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Stocks End Little Changed;
S&P Fails to Reach Record

By

Joanna L. Ossinger

Updated May 22, 2007 6:23 p.m. ET

It was said there might be resistance, and here it is. The S&P 500 flirted with, but fell short of, a record for the second straight day, as stocks lost momentum in late trading to end the session little changed.

The S&P 500 lost 0.98 to 1524.12, just shy of its seven-year-old closing record of 1527.46. Again, the index spent part of the day above the record close of 1527.46 before declining at the end of the session. It is up...

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